Initial Public Offering (IPO)
Why in the News? OpenAI has announced its readiness for a future Initial Public Offering (IPO). Laws Governing IPOs in India: SEBI Act, 1992: Empowers SEBI to regulate capital markets and IPO processes. Companies Act, 2013: Governs company formation, prospectus rules, and disclosure norms. SEBI (ICDR) Regulations, 2018: Specifies detailed rules on IPO eligibility, pricing,… Continue reading Initial Public Offering (IPO)